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Fears over the second wave of coronavirus threaten oil prices

    Fears over the second wave of coronavirus threaten oil prices

Worried about the possibility of the second wave of coronavirus, investors started shedding their assets, which led to a more than 3% drop in oil prices worldwide. Both the ICE

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Oil recovers after yesterday’s fall

    Oil recovers after yesterday’s fall

As of 8 a.m. (Moscow time), July contracts for the European Brent crude oil have grown by $ 0.17 (0.57%) to $ 29.89 per barrel. We recall that yesterday, the

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Oil is getting cheaper after the rise by 4%

    Oil is getting cheaper after the rise by 4%

The analysts will remember the past week because of the two events – the incident with the Iranian tanker and the thaw in relations between the two world superpowers. These

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Brent falls to 64.5 USD

    Brent falls to 64.5 USD

On Wednesday, oil continues to fall in price. There is a decline due to the promises of Saudi Arabia to maintain the same volume of supplies thanks to the reserves.

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On Thursday, oil prices fell after a 2% rise the day before

  On Thursday, oil prices fell after a 2% rise the day before

The data from the US Department of Energy caused the fall of prices. Investors’ reaction to these data was not

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